Technical Analysis

XRP Price Medium-term Trend: Bearish   Resistance Levels: $0.56, $0.58, $ 0.60 Support Levels: $0.36, $0.34, $0.32   Yesterday, the price of XRP was in a bullish trend. On November 28, the digital asset was resisted at the price of $0.40. Meanwhile, the crypto’s price is below the 12-day EMA and the 26-day EMA which […]

An unexpected announcement from Fed chairman Jay Powell sent the S&P 500 sharply higher yesterday. Powell said U.S. interest rates are near neutral. What he meant is rates will not rise as much as investors had anticipated. At first the reaction in the stock market was positive, higher interest rates hurt the economy, so the […]

ETHUSD Long-term Trend – Bearish   Distribution territories: $220, $240, $260. Accumulation territories: $100, $80, $60.   Ethereum’s price has been ranging in the last few trading sessions before the crypto market’s big fall, between the $180 and $160 price territories. The cryptocurrency featured short ups and downs at the time.   On November 18, […]

THERE IS NO MAGIC “Your trading methodology has to make sense for you even if it’s the opposite of what makes sense for other people. Choices made in developing your approach to trading should suit you personally to minimize internal conflict. Only then will you have the confidence to remain true to its development and […]

XRPUSD Medium-term Trend: Bearish   Resistance Levels: $0.56, $0.58, $ 0.60 Support Levels: $0.40, $0.38, $0.36   On November 21, the price of XRP was in a sideways trend. On November 20, the crypto’s price was resisted by the 12-day EMA and the 26-day EMA and fell to the low of $0.44. The digital currency […]

Eurasian Mining stock (LSE:EUA) has shot skyward, following a recent protracted ranging phase, which essentially became a base. The bullish breakout was so strong that it has generated a clean “buy” signal. The ADX period 14 is above the level 40, meaning that the momentum in the market is heavy. The DM+ is far above […]

Transense shares (LSE:TRT) have been bullish for some weeks. The bullishness started around September and the market has become particularly strong at the moment. Price has gone far above the EMA 21, and the William’s % Range period 20 is far into the overbought region. The bullish momentum is currently strong, and price is supposed […]

ETHUSD Long-term Trend – Ranging   Distribution territories: $250, $350, $450. Accumulation territories: $150, $100, $50.   On November 7, Ethereum saw its price fall against the US dollar that included it featuring lower lows within the range between $220 and $200. The range was later on breached southwards on November 14, as its price […]

XRPUSD Medium-term Trend: Bearish   Resistance Levels: $0.56, $0.58, $ 0.60 Support Levels: $0.40, $0.38, $0.36   Yesterday, the XRPUSD pair was in a sideways trend as the Doji and spinning tops candlesticks described the indecision of buyers and sellers. It was suggested that if the price broke the $0.51 price level, the cryptocurrency would […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD has become particularly bearish since last week (the bearishness has been in place since August 2018). On November 7, another phase of a bearish movement was begun and price has really become weak. There are support lines 1.1250, 1.1200 and 1.1150, which would […]